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Loans Held for Sale
3 Months Ended
Mar. 31, 2022
Notes to Financial Statements  
Loans held for sale

6.     Loans held for sale

Loans held for sale are carried at the lower of cost or estimated fair value. At March 31, 2022 and December 31, 2021, the Bank did not have any loans held for sale. There were no loans sold for the three months ended March 31, 2022.

The following table shows loans sold during the period indicated:

For the three months ended March 31, 2021

(Dollars in thousands)

    

Loans sold

    

Proceeds

    

Net charge-offs

    

Net gain

Delinquent and non-performing loans

 

  

 

  

 

  

 

  

Multi-family residential

 

5

$

2,906

$

(43)

$

5

Commercial

3

3,036

(64)

17

One-to-four family - mixed-use property

 

6

 

2,307

 

(14)

 

9

Total

 

14

$

8,249

$

(121)

$

31